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Best Crypto to Buy Now October 3 – Ethereum, XRP, Shiba Inu 

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Ethereum price
Ethereum price

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Each day, we review some picks for the best cryptos to buy now based on the latest market movements, blockchain news and trending narratives. You can check out some of our previous lists on the same topic to better build your portfolio.

Today’s compilation of the best cryptos to buy now features some popular tokens. Market trends are a viable yardstick to gauge the potential value of a cryptocurrency. We check the market’s pulse and market analytical predictions, and the result of that research is a list of some of the best cryptocurrencies in the market presently. 

Best Crypto to Buy Now

Ethereum’s Future launch brings good tidings for the cryptocurrency. The token has since climbed on ETF since this launch commenced. This new development plays a vital reason for the coin’s trending status. 

Global Market Cap price chart

Global Crypto Market Cap Chart

As reported by many sources, Bitcoin has climbed over the $28,000 mark. The crypto giant has been ebbing and flowing for some time now, but it looks like a sunny day on the market and charts for holders of the big crypto. Other altcoins are already reacting positively; some are featured on today’s list. 

1. Ethereum (ETH)

Ethereum, often called ETH, is a decentralised blockchain system that has revolutionised the world of cryptocurrencies. As a digital currency and a robust platform for executing decentralised smart contracts, Ethereum has evolved into a cornerstone of the blockchain landscape.

Ethereum price chart

The Ethereum Foundation launched the blockchain on July 30, 2015, under the prototype “Frontier.” Since then, Ethereum has undergone several pivotal network upgrades, including “Constantinople,” “Istanbul,” “Muir Glacier,” “Berlin,” and the most recent “London” hard fork on August 5, 2021. These upgrades have continuously enhanced the platform’s capabilities and performance.

Ethereum’s main mission is ambitious yet transformative: establishing a global platform for decentralised applications (DApps). This vision empowers individuals worldwide to create and operate software immune to censorship, downtime, and fraudulent activities. Ethereum is a beacon of innovation, opening up a new era of blockchain possibilities and reshaping the digital landscape for future generations.

Ethereum recently launched its Futures and has since climbed on ETFs thanks to the new development. It is a trending token and is one of the best cryptos to purchase now. 

2. XRP (XRP)

Launched in 2021, the XRP Ledger (XRPL) is an open-source, permissionless, decentralised blockchain technology. The XRP Ledger offers several notable advantages, including its cost-effectiveness, transaction speed, scalability, and eco-friendly attributes.

XRP price chart

One of the notable features of the XRP Ledger is its affordability, with transaction fees as low as $0.0002, making it a cost-effective choice for users. Regarding transaction speed, XRPL stands out by settling transactions in 3 to 5 seconds, ensuring efficient and timely transactions.

Scalability is another strength of the XRP Ledger, with the capacity to handle up to 1,500 transactions per second, making it suitable for high-volume transaction environments. Additionally, XRPL is recognised for its sustainability efforts, being carbon-neutral and energy-efficient, addressing growing environmental concerns related to blockchain technologies.

The XRP Ledger introduces innovative features, such as hosting the first decentralised exchange (DEX) directly within the protocol, allowing peer-to-peer trading of digital assets. Moreover, the ledger supports custom tokenisation capabilities, enabling users to create and manage unique tokens within the XRPL ecosystem.

3. Shiba Inu (SHIB)

SHIB is the primary token within the Shiba Inu ecosystem, representing a decentralised, community-driven digital currency that has gained significant popularity since its creation in late 2020. Developed as an Ethereum-based token, SHIB has evolved into a global phenomenon, being adopted as a form of payment at numerous locations, either directly or indirectly through third-party intermediaries.

Shiba Inu price chart

Despite its relatively humble beginnings, SHIB rapidly gained momentum and value, attracting a growing community of investors. This surge was fueled by the coin’s endearing charm and garnered attention from prominent figures such as Elon Musk and Vitalik Buterin. It’s worth noting that there were speculations linking Vitalik Buterin, the co-founder of Ethereum, to the creation of Shiba Inu. Still, Buterin debunked these rumours during a podcast interview with Lex Fridman on June 5, 2021.

As SHIB continued to develop, it found a home on ShibaSwap, the ecosystem’s proprietary decentralised exchange (DEX), where users can trade and engage with SHIB tokens. Furthermore, SHIB’s journey reached a significant milestone on September 17, 2021, when Coinbase, the largest U.S.-based cryptocurrency exchange, listed Shiba Inu on its platform. This listing notably impacted SHIB’s price, resulting in a substantial 40% increase within two days of the announcement, rekindling interest in this meme-inspired digital asset. 

Outside that, Shiba Inu is fast becoming one of the most popular payment methods on crypto casinos. In recent times, many of these platforms have adopted the meme coin, with several others also showing indications of adding it in the future. You can check out our list of casinos that accept Shiba Inu here.

4. Astar (ASTR)

Astar Network is a platform that supports developers in creating decentralised applications (dApps) and layer 2 solutions. It offers a comprehensive suite of resources, including interoperable Web 3.0 infrastructure, financial incentives, incubation programs, and technical assistance. Astar Network’s mission is to provide developers with the optimal project environment, facilitating EVM (Ethereum Virtual Machine) support and establishing a parachain where EVM and WASM (WebAssembly) smart contracts can coexist and interact seamlessly.

Astar price chart

One of Astar’s key objectives is to bridge different blockchain ecosystems, focusing on connecting the Polkadot network with layer 1 blockchains like Ethereum and Cosmos. It functions as a Polkadot Parachain, designed as a versatile multi-chain dApp hub within the Polkadot ecosystem. Astar’s capabilities extend to various domains within the blockchain space, including DeFi (Decentralized Finance), NFTs (Non-Fungible Tokens), and DAOs (Decentralized Autonomous Organizations). By offering robust infrastructure and support, Astar allows developers to shift their focus away from foundational elements and concentrate more on developing their applications.

Astar Network has garnered support from prominent entities in the blockchain industry, including Binance Labs and Coinbase Ventures. The platform operates on a two-layer architecture: the first layer is constructed on the Substrate framework, while the second layer utilises the Optimistic Virtual Machine (OVM) to enhance scalability, enabling a wide range of use cases and applications to thrive on the network.

5. Launchpad XYZ (LPX)

Launchpad XYZ is rapidly gaining momentum in cryptocurrency, particularly decentralised finance (DeFi). Its ongoing presale has been making significant strides, approaching an impressive milestone of $1 million. This accomplishment underscores the platform’s substantial growth potential and investors’ confidence in its prospects.

During its presale phase, Launchpad XYZ is currently available for acquisition for $0.0445, a rate that has attracted a burgeoning community of investors eager to participate before the platform becomes accessible on cryptocurrency exchanges. 

The surging interest and demand for Launchpad XYZ can be attributed to its unique and compelling features, propelling its presale toward a swift sellout. Investors who recognise the platform’s potential are joining the community to leverage its distinctive offerings. The project is emerging as a notable cryptocurrency, well-positioned for substantial growth in the ever-evolving crypto landscape.

Launchpad XYZ’s distinguishing characteristic is its unwavering commitment to a user-centric philosophy. The platform strongly emphasises providing traders with vital information to facilitate informed decision-making regarding their cryptocurrency investments. It accomplishes this by offering real-time data and insights into market sentiment across various assets, serving as a valuable resource for traders navigating the dynamic cryptocurrency market. This dedication to user empowerment and data-driven decision-making aligns seamlessly with Launchpad XYZ’s mission.

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